The Standard Vs. Itemized Deduction: Plan Ahead To Lower Your Taxes

You can lower your taxes by making the right standard vs. itemized deduction choice.

BING NEWS:
  • IRS Unveils Major Changes in New 18-Month Plan
    Commissioner announces bid to improve taxpayer services, fairness and technology to make a difference to the nation.
    05/3/2024 - 1:20 am | View Link
  • Practitioner service improvements part of IRS strategic operating plan
    That work includes improving interactions with tax professionals, a point Werfel highlighted as he outlined the IRS's updated strategic operating plan (SOP). For example, 85% of calls to the IRS go to ...
    05/2/2024 - 1:00 pm | View Link
  • Retirement Planning for Couples: Joint or Individual Approaches
    Unfortunately, there are no options that automatically operate as joint retirement accounts, despite the fact that there are many ways to start saving for retirement. The best way to prevent this is ...
    05/2/2024 - 12:30 pm | View Link
  • Standard deduction vs. itemized deductions: Which is better?
    Nearly 90% of taxpayers claim the standard deduction vs. itemized deductions. As you prepare to file your next tax return, should you do the same? Claiming the standard deduction is certainly easier.
    05/1/2024 - 12:55 am | View Link
  • Expiring foreign income deduction gains bipartisan support
    A bipartisan duo plans to introduce legislation this week to make permanent a provision from the 2017 tax law that allows companies to deduct a portion of their earnings from foreign sales related to ...
    04/29/2024 - 11:03 pm | View Link
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